Happy October! It’s the first weekend of the month which means it’s time for our Home Values in Pittsford NY report. Knowing your numbers is always an excellent idea whether a move is in your future or not. Determining fair market value for your home (and we’re all about the “fair” part) can also help you with refinancing, home equity loans and in managing your assets for retirement.
Let’s take a look at what recent numbers indicate:
In the last 30 days 52 homes have been listed for sale in Pittsford, ranging from 165k to 1.2 million. The median sale price is 329k. Values have overall remained steady with some increases depending on the area and amount of inventory. Some of the active listings are new construction which will add to an increase in the median price.
58 homes are currently listed as pending with a median price of 264k.
In general terms, the summer market has extended into the fall and it’s still going strong. While many suggest that Spring is the best time to put your home on the market, many will make a case for the fall as well.
a. Tax Breaks
b. Motivated Buyers and Sellers
c. Home for the Holidays.
With interest rates still low, making a move is worth considering, especially since your home may be worth more than you think it is, which by the way costs nothing to find out. What does cost you is waiting and not knowing your numbers. Fear not, we’re here to help. Contact our trusted mortgage partner and then Contact us and FALL in love with where you live.